Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-20

We have circa 7.3 million in the bank, a developing prospective VMS discovery, other purported quality tenements in the Pilbara region and in my opinion intelligent management. Not a cap raise in sight, we are in a stellar position and have nothing to worry about. Everyone needs to relax and be patient, let management do their job and stop being so myopic and complaining that they aren’t focusing on xyz ground or otherwise sell out and I’ll buy your shares off you, thanks to the short sighted person who sold to me at 8.3 cents this week. We have a couple of mil to spend on each project if we so choose!! We also have enough cash up our sleeve to do a deal, good deals simply take time. Wealth is transferred from the impatient to the patient, TKM will have its moment this year. CP